NOT LISTED FOR SALE

646 E Illinois St Spearfish, SD 57783

Estimated Value: $592,001

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold August 05, 2020

Last sale price $405,000

Est. 46% increase in value since last sale

Current estimated payment $3,479/month

62 Days on Market

Highlights

  • Baseboard Heating
  • Evaporated cooling system
  • Private Entrance

About This Home

As of August 2020

Call or Text Listing Agent - Sue Cramer - The Real Estate Center of Spearfish - 605-645-2391 for more information. This property has only had 2 owners. Since purchasing in 1995, many upgrades and improvements have been made. Maintenance is low due to those many updates made in all the apartments and the exterior. Great location. 3-one bedroom units with each having private entrance & patio. These were built in the 60s. 2-2 bedroom units built in the 80s and have both been completely renovated. These apartments rent very quickly when they comes available. Owner is a licensed SD real estate broker. Buyer is responsible for verifying all information on this MLS document.

Last Agent to Sell the Property

Sue Cramer

The Real Estate Center of Spearfish License #00004476 Listed on: 04/19/2020

Last Buyer's Agent

Krista Heid

Engel & Völkers Black Hills Spearfish License #16516

Engel & Völkers Black Hills Spearfish

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1980

Lot Details

  • 6,970 Sq Ft Lot
  • Private Entrance
  • Subdivision Possible

Parking

  • Common or Shared Parking

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Window Treatments
  • Fire and Smoke Detector
  • Electric Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Cove

Utilities

  • Evaporated cooling system
  • Baseboard Heating

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer, real estate taxes, insurance
  • Month-to-Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Basement Substructure: Crawl Space, Block Foundation
  • Personal Property: Refrigerator, Electric Range Oven, Washer, Dryer, Window Coverings (All)
  • Safety Features: Smoke Detectors
  • Style: Side/Side
  • Subdivision Yn: Yes
  • Systems: Breaker, Fuse
  • Year Built: 1980
  • Includes: All Units, Some Units, Refrigerator, Range/Oven, Dishwasher, Disposal, Washer, Dryer, Microwave
  • Miscellaneous: Separate Meters, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1/Apartment, Private Entrance

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Siding: LT Smartside

Garage/Parking

  • Parking: Common

Utilities

  • Cooling: Wall Evap.
  • Heating: Electric, Baseboard, Cove

Schools

  • School District: Spearfish
  • School District: Spearfish

Lot Info

  • Lot Size: 50x140
  • Number Of Acres: 0.16

Rental Info

  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: One Year Lease, Month to Month

Tax Info

  • RE Taxes: 2896.72
  • Re Tax Year: 19

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2008
Sold by
Mcmichael Janet J
Bought by
Cramer Suzanne G
Current Estimated Value
$592,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,418
Interest Rate
6.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cramer Suzanne G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cramer Suzanne G $99,418
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $405,000 -9.8% --
06/23/2020 06/23/20 For Sale $449,000 +10.9% --
06/07/2020 06/07/20 Off Market $405,000 -- --
05/27/2020 05/27/20 Price Changed $449,000 -10.0% --
04/19/2020 04/19/20 For Sale $499,000 -- --
Source: Mount Rushmore Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,196 $310,270 $63,000 $247,270
2024 $4,096 $295,000 $59,500 $235,500
2023 $4,147 $270,090 $56,000 $214,090
2022 $4,205 $255,280 $56,000 $199,280
2021 $3,620 $255,280 $0 $0
2019 $2,819 $161,660 $42,000 $119,660
2018 $2,792 $161,660 $0 $0
2017 $2,832 $161,660 $0 $0
2016 $3,178 $161,660 $0 $0
2015 $3,218 $161,660 $0 $0
2014 $3,240 $161,660 $0 $0
2013 -- $161,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 64327

Mount Rushmore Area Association of REALTORS®

APN: 32030-01500-060-00